( ) -q-23- UNDATED (Correspondent Jeremy House) “by how much.” Inflation in the 20 countries that use the euro currency rose in November. [CutID: <Cuts> EUROPE-INFLATION-house-q-FRIam.mp3 Time: 23s Title: EUROPE-INFLATION-house-q-FRIam Out-cue: by how much] TAG: Correspondent Jeremy House reporting. Market buzz says there could be a larger than usual half-point cut in the benchmark rate, […]
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Inflation rose to 2.3% in Europe
( ) -q-23- UNDATED (Correspondent Jeremy House) “by how much.”
Inflation in the 20 countries that use the euro currency rose in November.
[CutID: <Cuts> EUROPE-INFLATION-house-q-FRIam.mp3
Time: 23s
Title: EUROPE-INFLATION-house-q-FRIam
Out-cue: by how much]
TAG: Correspondent Jeremy House reporting. Market buzz says there could be a larger than usual half-point cut in the benchmark rate, currently 3.25%.
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VERBATIM: The increase likely won’t stop the European Central Bank from cutting interest rates. The E-U statistics agency Eurostat says the European Union’s harmonized index of consumer prices rose 2.3 percent, up from 2.0% in October. However, worries about growth mean the December 12 ECB meeting is not about whether to cut rates, but by how much.